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FTX plans to fully repay customers but not restart exchange, says bankruptcy lawyer

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According to FTX’s legal team, no investors were “ready to commit the needed capital” to launch FTX 2.0, citing the failures of former CEO Sam Bankman-Fried.

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Coin Market

BTC correction ‘almost done,’ Hailey Welch speaks out, and more: Hodler’s Digest, Dec. 15 – 21

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Bitcoin correction approaching a conclusion, Hawk Tuah influencer releases statement, and more: Hodlers Digest

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Coin Market

Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

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The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.

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Coin Market

Relationship building is a hedge against debanking — OKX exec

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Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities.

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